De La Rue Share Discussion Threads

[hamhamham1] 16/6/2020 16:22

Last minute short exit?

[hamhamham1] 16/6/2020 13:12

My 2 year target is 500p.
Sounds a lot but still only half the level where it's been before.

[smraynot] 16/6/2020 10:32

No amount of manipulation will hold the share price down despite the shorters best efforts. Sometimes it's better to take a small loss on the chin rather than to chase a debt. You know it makes sense to swallow your pride on occasion's and this is one imhho.

[tidy 2] 16/6/2020 10:23

They will be by the tomorrow arrives.

[smraynot] 16/6/2020 10:12

Think the shorters must be starting to panic!!!

[hamhamham1] 16/6/2020 10:01

Like a lot of shares around currently, in a couple of years time, I think the divi return will be at least 10% of the current shares prices.
I am investing across a lot of shares on the basis that their capital value will be several times more than I paid for them and the divis (which I will reinvest for at least the first 5 years).
Just got to see past the short termism.

[tidy 2] 16/6/2020 09:46

Dividend was at 15.9% so we know if they have planned to maintain this?

[tidy 2] 16/6/2020 09:39

GLG opened their short back in March 1.1% since then they have only managed to close down to 0.93%. So they have around 800k shares to buy back. Low free float so hold those bad boys and make them drive it up.hTTps://www.shorttracker.co.uk/company/GB00B3DGH821/

[smraynot] 16/6/2020 09:31

More Ike 250p after the results and investigation dropped.

[nasnas1] 16/6/2020 09:27

Totally agree fella! I'd say 230 is where it should be living, for now that is.

[tidy 2] 16/6/2020 09:27

Read this and change Full year results to June 17th. Major growth hTTps://www.sharesmagazine.co.uk/news/market/6800507/TURNAROUND-AND-TRADING-UPDATE

[nasnas1] 16/6/2020 09:26

News tomorrow, is expected to be very positive!! bought more and holding firmly!!

[momentum1] 16/6/2020 08:47

Level 2 suggests a huge short position trying to cover. Today's news of investigation being dropped and full year results tomorrow no doubt will have the Shorters heading for the exits. 200p into close. Currently 162p for the record. Results will be stunning.

[hamhamham1] 16/6/2020 08:32

If you look on the 10yr chart, the recovery to date is barely visible ;)

[deanmatlazin] 16/6/2020 08:31

800k shorts need closing. Squeaky bum time!

[imastu pidgitaswell] 16/6/2020 08:00

Interesting timing - the day before results. Wonder what that will do for the share price...

:-)

[knowing] 16/6/2020 07:59

Well that RNS removes some of the doubt which was hanging over the company

[hamhamham1] 16/6/2020 07:16

Ended up over 5% up :)

[hamhamham1] 16/6/2020 05:56

Nikkei 225 up over 4%.
Gonna be a nice day today me thinks :)

[tidy 2] 15/6/2020 21:43

htTTps://www.sharesmagazine.co.uk/news/market/6800507/TURNAROUND-AND-TRADING-UPDATE change Full year results to June 17th

[tidy 2] 15/6/2020 19:22

200dma was at 133 which we kept bouncing off but we sailed through today. Sweet.

[hamhamham1] 15/6/2020 19:17

Dow, 1000pt reversal into positive

[hamhamham1] 15/6/2020 17:20

Nice daily close today, above the 137p from June 2nd. That was a resistance level but should help provide support now it's broken on a daily close.
"Excellent Smithers... Mwahhh!!"
(and rubbing hands)

[momentum1] 15/6/2020 16:51

Continue to hold this and fully expect it to be materially higher into results. COVID proof and the recent update was excellent.